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Bamburi Cement’s net profit triples to Sh1.1bn on cost cuts

A cement truck leaves Bamburi factory in Mombasa. FILE PHOTO | NMG

By  Victor Juma

Business Editor

Nation Media Group

Bamburi Cement #ticker:BAMB more than tripled its net profit in the year ended December, recording the biggest earnings jump among Nairobi Securities Exchange-listed firms and bucking a trend of losses due to the Covid-19 pandemic.

The cement manufacturer reported net earnings of Sh1.1 billion in the review period, up from Sh359 million the year before.

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